SEC’s Initiative to Reshape Digital Asset Regulation Through Crypto Roundtables
The US Securities and Exchange Commission (SEC) has announced its intention to hold four additional crypto-focused roundtables in Washington, D.C., as part of its efforts to revamp digital asset regulation.
Key Areas of Discussion
- Crypto trading
- Custody
- Tokenization
- DeFi
The first roundtable, titled Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading, is scheduled for April 11. Subsequent discussions on custody, tokenization, and DeFi will take place on April 25, May 12, and June 6.
All sessions will be livestreamed on the SEC’s website to encourage public participation.
Modernizing Oversight of the Crypto Sector
These roundtables are part of the SEC’s ongoing initiative to update its supervision of the crypto industry. Since the establishment of its Crypto Task Force, the regulatory body has emphasized the importance of striking a balance between safeguarding investors and fostering innovation.
The recent development builds on the success of the Commission’s initial crypto roundtable held on March 21. Despite differing viewpoints, participants expressed a shared desire for regulatory clarity. The conversations highlighted the necessity for revised policies that address the unique complexities of crypto markets.
Objectives of SEC Roundtables
According to the SEC, the planned roundtables aim to assist the Commission in defining clear regulatory boundaries, establishing practical registration pathways, devising sensible disclosure frameworks, and deploying enforcement resources judiciously.
SEC Commissioner Hester Peirce, who leads the Crypto Task Force, underscored the value of engaging directly with industry experts. She emphasized that these sessions provide a platform for meaningful discussions, shaping a more efficient regulatory roadmap.
“The Crypto Task Force roundtables are an opportunity for us to hear a lively discussion among experts about what the regulatory issues are and what the Commission can do to solve them.”
Shift in SEC’s Approach
The SEC’s recent actions mark a significant departure from its previous stance under the Trump administration. The agency has restructured its crypto-enforcement program and resolved several prominent cases and investigations involving companies such as Coinbase, Kraken, Ripple, Gemini, and OpenSea.
These changes indicate a noteworthy transition from broad enforcement measures to a more defined and structured regulatory landscape for the US crypto sector.